AUZ 0.00% 0.8¢ australian mines limited

nickel needs be abt 14500 to break even re: exitin The Ni target...

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    nickel needs be abt 14500 to break even re: exitin The Ni target analysis looks good. There may well be a larger Ni pod at depth as the geophysics analysis indicates as a possibility. If so, AUZ will rise.

    But I doubt the results will be in before Xmas. How firm is the rig? What sort of turn around are there on lab analyses for AUZ?

    Add to this, from HC, hardrocks news from the face that "Some of their blokes are already seeing what else is around the traps." and morrijo's phone call "Just keep in mind that they are losing money at the moment spoke to CFO. Nickel needs to be about 14500 to break even."

    So I think I am safe in staying on the sidelines for a while longer.
 
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